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Turnover and profit/loss<br />
<strong>Atea</strong>’s turnover for the whole year was SEK 6,061 (6,013) million. The profit before<br />
tax was SEK 64.9 million (comparison not available*). For the fourth quarter of<br />
2002 the profit before tax was SEK 20.5 (19.3) million.<br />
Despite a general decline in the market, <strong>Atea</strong>’s turnover and profit/loss for the<br />
whole year improved compared with the previous year.<br />
Financial position<br />
The balance-sheet total was SEK 1,676 (1,887) million. The improvement is the<br />
result of decreased binding of capital in stock and a decrease in trade debtors.<br />
Solidity was 26% (21%) – an improvement of 5 percentage units.<br />
Representation and staff<br />
<strong>Atea</strong> has business in Denmark, Finland, Norway and Sweden. The average number<br />
of staff was 692 (711), of whom 195 (213) are women.<br />
Owners<br />
At the end of 2000 WM-data decided to focus on the business which currently goes<br />
under the name <strong>Atea</strong> under its own brand. In April 2001 <strong>Atea</strong> was introduced in<br />
the Nordic countries, and during the year WM-data sold 48.8% of <strong>Atea</strong> to the<br />
international venture-capital company 3i. <strong>Atea</strong>’s management acquired 2.4%.<br />
WM-data kept 48.8%. From 1 October 2001 <strong>Atea</strong> has had its own legal operations<br />
in all four countries, as well as jointly, in the parent company <strong>Atea</strong> Holding AB.<br />
* The <strong>Atea</strong> group (<strong>Atea</strong> Holding AB) was legally formed on 28.09.2001. The 2001 financial year thus only comprised<br />
3 months.<br />
Report dates<br />
These are the days <strong>Atea</strong> intends to release financial information on the 2003 financial<br />
year.<br />
Interim report Q1 Thursday 15 May 2003<br />
Interim report Q2 Thursday 14 August 2003<br />
Interim report Q3 Thursday 13 November 2003<br />
Whole-year report 2003 Thursday 12 February 2004<br />
Annual report 2003 April 2004<br />
3<br />
The year in brief, report dates, contents<br />
The year in brief<br />
2002 was the first complete financial year in<br />
<strong>Atea</strong>’s history. The result was affected by the<br />
poor state of the market, but despite this it<br />
was satisfactory.<br />
During the year the emphasis has been on<br />
developing the business platform <strong>Atea</strong> Value<br />
Chain and other products and services, especially<br />
within the area Analysis & Advisement.<br />
In 2002 <strong>Atea</strong> also began heavy investment in<br />
infrastructure.<br />
2002 was a very successful year within<br />
the business area Home PCs, especially in<br />
Sweden and Norway, where favourable tax<br />
regulations made it possible for the companies<br />
to offer their staff IT-equipment for the<br />
home without benefit taxation.<br />
In all countries <strong>Atea</strong> also recorded major<br />
growth in the business area Public Sector.<br />
Customers in the Public Sector can see the<br />
possibility of both rationalising their processes<br />
and lowering their IT-costs using <strong>Atea</strong>’s services.<br />
During 2002 <strong>Atea</strong> also secured its market<br />
leadership in the field of Licence<br />
Management, and now has nearly 25% of<br />
Microsoft’s turnover in the Nordic countries.
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